The top spender, holding close to $18.5 million of Trump’s coin, is called “SUN” and is held by a Seychelles-based crypto exchange known as HTX. Justin Sun, a Chinese national accused of fraud, known for spending $6.2 million on a banana and then eating it, is on HTX’s board and already has a financial relationship with Trump.

President Trump’s associates and crypto entrepreneurs are rushing back to the market for the once-hot, but mostly troubled, investment vehicles called special purpose acquisition companies.

Attorney General Pam Bondi sold between $1 million and $5 million worth of shares of Trump Media the same day that President Donald Trump unveiled bruising new tariffs that caused the stock market to plummet, according to records obtained Wednesday by ProPublica.

Stock and bond markets are sitting on a knife’s edge of doubt over the Trump administration’s tariffs and the impact of Congress’ budget bill on the federal deficit and the U.S. economy. Bond-rating agency Moody’s last week downgraded America’s credit worthiness.

Trump Media & Technology Group Corp. (DJT) shares showed a muted reaction in Friday's post-market session after the media company, which is majority owned by President Donald Trump, announced its quarterly results.